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A federal regulation introducing disparate impact criteria to the sale of homeowners insurance will be finalized next month, according to industry officials.
Catastrophe modelers have spent a lot of time analyzing the Northeast for windstorm risk, but Superstorm Sandy revealed numerous failings in the programs, resulting in significant losses for some insurers, says Fitch Ratings.
Catastrophe modelers have spent a lot of time analyzing the Northeast for windstorm risk, but Superstorm Sandy revealed numerous failings in the programs, resulting in significant losses for some insurers, says Fitch Ratings.
China's insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC's planned sale of its $9.4 billion stake in China's No. 2 insurer to Thailand's CP Group.
China's insurance regulator is seeking more information from Ping An Insurance after reviewing HSBC's planned sale of its $9.4 billion stake in China's No. 2 insurer to Thailand's CP Group.
While we have seen insurers increase IT project activity over the past couple of years, the motivation for replacing existing systems is often a reaction to market phenomena rather than an integral part of their mission. Famously risk averse insurers (who liberally proclaim, Me too! as a product strategy) are...
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